Tag Archives: elections

Saturday, June 18, 2016

Imagine living in a country in which the two major parties had nominated a statist, war-mongering crook and a nasty authoritarian narcissist. Imagine being embarrassed that after more than two centuries of existence this apparently was the best your beloved country could do. Imagine considering that the best option on Election Day might be committing ritual Seppuku, but deciding to stay home instead.

The Freedom to Stay Home

Politicians have no right to insist that the disaffected suffer through the humiliation of voting.But then imagine government officials showing up at your door, demanding that you accompany them to the polling place to vote for one of the candidates who you would scratch your eyes out before actually watching speak. That is the world which some high-minded “civic activists” desire.

Every election can be expected to unleash ponderous commentaries bemoaning low voter turnout. Many Americans don’t register, let alone cast ballots. Why, oh why, won’t they get out and participate—which usually means vote left? It is so unfair, we are told. The wealthy, elderly, and well-educated disproportionately participate, which “skews policymaking,” complained the Economist. Just think of all the government programs the underrepresented could vote for themselves if only they showed up on Election Day.

Of course, there is another way of looking at the process. Today those most likely to follow politics, understand issues, watch the news, and know the candidates vote disproportionately. Which might “skew” policy, but presumably in a very good way. Those choosing America’s leaders are actually more likely to know something. Amazing thought!

Editor’s Note: Doug Casey updates readers about his take on the current crop of would-be presidents… and why he believes most Americans will vote for Trump. It was originally published on April 14th.)

It appears there are two candidates running from the left wing of the Demopublican Party (Hillary and Bernie), and two and a half from the right wing (Trump, Cruz, and Kasich). Note: The media identifies the Lefties by their first names, a friendly and personal thing, unlike the Righties.

I find it distasteful discussing current political figures. But since somebody new is going to be president come November, it makes sense to figure out who that might be, in order to insulate yourself as much as possible from the damage they’ll do.

Let me start by saying that this is not just the most entertaining election I’ve ever witnessed. But after the 1860 election, which Lincoln won with 40% of the popular vote (the remainder split between Stephen Douglas and two other candidates), I suspect it will also be the most divisive, hostile, and critical to the future of the country. Ever.

Why do I say that? Because the U.S. hasn’t been this unstable since the unpleasantness of 1861–1865.

The figures show that the average American’s standard of living has been dropping since about 1971. This is manifestly true relative to the rest of the world. But it’s also true in absolute terms, especially after you back out extraneous factors. For instance, today’s families usually need two breadwinners just to make ends meet. Huge amounts of debt have also helped disguise the decay. The situation is becoming critical with real unemployment closer to 20% than the official 5%. Interest rates are being held at zero to maintain unsupportable levels of debt.

But this isn’t the place for a full economic analysis of the Greater Depression. Let’s just say times are going to get very tough.

When times are tough, people vote for something new. That’s why, at the height of the 2008 crisis, the electorate chose Obama over John McCain. Aside from being old, hostile, and mildly demented, McCain was sure to continue on the then current and unsustainable economic path. Obama’s re-election in 2012 is explained by the fact things improved during his first term. That, and the Republican, Romney, was widely (and correctly) perceived as a politically wired beneficiary of the Deep State.

As you know, I believe we’re now leaving the eye of the great financial hurricane we entered in 2007. Even with (or in many ways because of) the trillions of dollars created over the last eight years, the average guy’s standard of living has continued falling.

People are now widely aware that the rich have been getting radically richer because of QE and ZIRP, and they resent it. Any further hardship occasioned as we go into the hurricane’s trailing edge will likely cause that resentment to become violent.

That accounts for the popularity of Trump and Sanders, but especially Trump. Let’s take a look at the candidates. But first, let’s look at the two dysfunctional wings of America’s Warfare/Welfare Party

“There were people that were cheering on the other side of New Jersey where you have large Arab populations,” he told George Stephanopoulos today on ABC’s “This Week.” “They were cheering as the World Trade Center came down. I know it might be not politically correct for you to talk about it, but there were people cheering as that building came down — as those buildings came down, and that tells you something. It was well covered at the time.”

Here’s the thing. As the towers came down, some people indeed saw a group of five — not thousands, but five — Middle Eastern men clowning around and photographing themselves in front of the burning towers from the New Jersey waterfront. They weren’t Arabs, and they weren’t Muslims.

They were Israeli and Jewish – young men making asses of themselves, as some young men are wont to do. Perhaps not recognizing the import of what they were seeing.

How do I know this? I tracked one of their friends down to Jesus’ hometown, two months after the attack

GOP presidential frontrunner Donald Trump on Sunday refused to back down from his assertion that thousands of Arabs in New Jersey celebrated as they watched the World Trade Center come down on Sept. 11, 2001. From the network website:

By Laurence M. Vance
March 24, 2015
Although she is no longer first lady, a U.S. senator from New York, or Secretary of State, and has not officially announced her candidacy to be the Democratic nominee for president, Hillary Clinton can’t seem to stay out of the news. Conservatives love to hate Hillary almost as much as they love to hate Obama.

And rightly so.

Most lately it has come out that she used a private server for all of her e-mails when she was President Obama’s secretary of state from 2009 to 2013. At the very least, she concealed government documents from the very government she worked for and failed to secure classified documents in a government-approved manner.

Perhaps even Bush would have been criticized by Republicans if he had been this arrogant and careless. Perhaps. Okay, probably not.

But when it comes to serious issues about the nature of government and its role in business, the market, education, health care, and society, certainly there are notable differences between Hillary Clinton and conservative Republicans?